Mondelez Raises Dividend, Adds to Buyback to Soothe Investors

Mondelez International Inc. raised its dividend and boosted its share buyback plan in a sign that it's trying to assuage investors who have lately grown restive with the company.

The maker of Oreo cookies and Cadbury chocolates announced the plans on Wednesday as it reported a quarterly profit in line with analysts' expectations, and said revenue grew slightly from a year earlier. Mondelez said it has approved the repurchase of up to $6 billion worth of shares through 2016, up from its previous authorization of $1.2...